Invoice factoring and invoice discounting are two viable options for businesses seeking alternative funding in these uncertain times. But what is the difference between the two? And which one is better for your business?
Of the last nine recessions, the bond yield curve correctly predicted nine of them (or ten, if you count the economic slowdown in the mid-’60s). There isn’t any other economic indicator that has that success ratio. So when people talk about a bond yield curve inversion, investors usually pay attention.
If you enjoy a quick game of online Bingo after a day spent running your business, you will probably be interested in the following news about the acquisition 888 Group is negotiating with the Jackpot Joy Group.
There's a lot to like about life as a freelancer. For example, freelancing gives you freedom and the flexibility to work the way you want. However, freelancers who don't learn how to manage finances well in the beginning can have a difficult time.
One of the industries that is starting to embrace the use of commercial drones is insurance. The goal is to use drones to collect strategic data and to more effectively manage risk. There are also drone applications that help reduce costs by delivering more precise claim management. Therefore, the next time you see a fire or a car wreck, you might also see an insurance agent deploy a drone.
In order to be successful in today's world, every business needs to become more interactive. When writing a business plan for a brick-and-mortar establishment, most entrepreneurs focus on profitability and work backward. This is a reasonable approach. However, with the threat of online businesses, today’s entrepreneurs need something more. One of the best solutions to this problem is to offer some level of interactivity. That is, give your customers an experience they can engage with. So how is this solution so effective? And how can you bring it to your existing business (or business idea)?
Nobody can expect technology to grow as rapidly as it has without affecting our world for the better. Neither can anybody deny that the Internet of Things is making our lives easier. Luckily, technology’s growth is expanding to the healthcare industry. Let's take a look at some of the ways this is happening.
Car sharing is hot right now. In fact, the car sharing business is so hot that many car manufacturers are afraid that the traditional model of car ownership is about to collapse. Between 2010 and 2015, the total annual revenue for car sharing businesses doubled. Before 2024, experts believe it could increase another 34 percent to $16.5 billion. It’s safe to say that now’s a good time to get into the business of car sharing. Fortunately, running a car sharing company isn’t much different from running any other business. Here are the steps you need to start your own car sharing business.
You might think you can’t have much of an effect on society's problems, especially if you run a business of modest proportions. The problem is, if everyone thinks this way, no one will step up to the challenge. But you could be that business leader who changes your customers' lives for the better. You can do this by providing more than just the goods and services you offer for a fee.
Americans are increasingly working from home. More sophisticated communications technology and greater acceptance from mainstream workplaces make this possible. Last year, more than 43 percent of American professionals reported spending at least some time working from home. That number is expected to rise continuously over the next several years. If you’re currently in a traditional work environment, or if you’re working from home only part of the time, this could be the year you fully transition to remote work. If it is, you have a critical opportunity on your hands. You could move, and now is the perfect time to do it.
The United Kingdom faces a productivity conundrum. Once one of the most powerful economies on the planet, the UK has seen its productivity and economic growth lag behind global peers in recent decades. A government report in 2015 pointed out that labor productivity in the UK had nearly flatlined since 2007. The country’s productivity was 17% lower than the G7 average. And it was also 31% behind the US, 28% behind Germany, and 27% behind France in terms of productivity. Stagnant productivity growth has a negative effect on real incomes and living standards across the country. This issue is now at the core of the government’s economic plans. Economists suggest a simple remedy for this problem: innovation.
It might seem shocking to learn that almost 100,000 people die each year due to medical errors that occur within American hospitals. Sobering as that figure might be, the fact that these deaths are largely preventable make the statistic all the more lamentable. Read more about how providing ergonomic working environments can help any business environment.
Are you aware that Instagram recently introduced an amazing update that gives you the chance to record or post 60-second videos? This is a drastic increase from its former 15-second videos. In addition, this forward thinking social network is bringing in unique video capabilities like video view counts and slow-motion potentiality, to stage. Instagram has portrayed remarkable growth over the past few years, and this has greatly improved the video content for many brands.
Though the supply might seem endless, sand is a finite resource like any other. The worldwide construction boom of recent years is devouring unprecedented quantities; extracting it is a $70 billion industry.
A woman from Oklahoma start a diving-with-sharks business, and more in today's Business Ideas in the News.
If starting a business is like finding buried treasure, converting that business into a franchise is like finding treasure on Mars. This and more, in today's Business Ideas in the News.